Volume 3, Issue 6 | June 2025
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Want to help propel transformative innovations in healthcare?
Explore an array of innovations available for licensing that are designed to enhance diagnostics, treatment and patient outcomes.
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PIONEERING PROGRESS IN AI
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Digital twin technology has potential to redefine care
Mayo Clinic Magazine
Imagine if you could create a digital clone of yourself that can be used to test various treatment options to determine which one is best for your real self. As strange as this may sound, it’s no longer in the realm of science fiction. This virtual model of a patient integrates real-time physiological, behavioral and environmental data and is poised to revolutionize healthcare.
Read more...
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Your AI radiologist will not be with you soon
New York Times
From using generative AI to automate chest X-ray interpretation to deploying machine learning for detecting strokes and measuring tumors, Mayo Clinic is harnessing the power of AI to transform radiology, improving diagnostic accuracy and streamlining care. Collaborations with Microsoft, NVIDIA and others are driving innovation in both clinical practice and digital pathology – reinforcing Mayo Clinic's commitment to safer, more personalized care.
Read more...
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3 hospital supply chain directors explain how AI is helping them manage critical inventory
Insider
Mayo Clinic is transforming supply chain management with AI-powered precision – using predictive analytics, robotics and smart automation to cut waste, slash delays and ensure critical supplies are always on hand. Strategic collaborations and data-driven insights enable staying ahead of disruptions, boosting efficiency, lowering costs and keeping the focus where it belongs: on exceptional patient care.
Read more...
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Corify Care announces AI collaboration with Mayo Clinic to improve cardiac arrhythmia care
As part of the collaboration, select Mayo Clinic physicians will help Corify refine its current model and make recommendations on improvements relating to useability and clinical flow. Read more...
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OncoSwab announces collaboration with Mayo Clinic to advance non-invasive cancer diagnostics
The agreement enables OncoSwab to access Mayo Clinic clinical research expertise and know-how to support the development of its nasal swab-based diagnostic platform. Read more...
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TRANSFORMING PATIENT CARE
NEW DISCOVERIES FROM MAYO CLINIC EXPERTS
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New tests promise to reveal the secrets in your blood
Wall Street Journal
EXCERPT: Mayo Clinic Laboratories collaborated with Progentec Diagnostics, a digital health and biomarker-technology company focused on autoimmune diseases, on its predictive blood tests for lupus. The tests use markers in blood to identify concentrations of 11 blood plasma proteins associated with immune-system activity in lupus. Powered by an AI-based algorithm to analyze possible warning signs in the patient’s blood, the test can calculate the risk of a flare-up of the disease in the next 12 weeks.
Read more...
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Mayo Clinic experts are slated to present key cancer research findings at ASCO including chemotherapy approaches, AI applications, care at home and new therapies for breast cancer and melanoma. Read more...
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A powerful case for telehealth: A recent Mayo Clinic study showed patients using remote monitoring after discharge had better outcomes and required less follow-up care than those without it. Read more...
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Mayo Clinic researchers have established the world's first biobank of human salivary gland tissue-organoids that opens the door to research to find a cure for chronic dry mouth. Read more...
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Mayo Clinic ranked No. 1 in 4 specialties nationwide in Newsweek’s Best Specialized Hospitals
Mayo Clinic in Rochester was ranked in the top spot nationally in four of six specialties evaluated – more than any other hospital. Read more...
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Mayo Clinic ranked #12, highlighting the organization's commitment to innovation and protecting intellectual property. See the list...
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Congratulations to Mayo Clinic collaborator companies Delfina, Helix and Zimmer Biomet for being 2025 awardees. See the list...
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ECONOMIC DEVELOPMENT SPOTLIGHT
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Gov. Tim Walz, other leaders cheer progress made by DMC at halftime of the 20-year project
Post Bulletin
Mayo Clinic and state leaders are celebrating major progress of the Destination Medical Center (DMC) initiative, a $5.6 billion public-private partnership to position Rochester, Minnesota as a world-leading destination for health and wellness.
• Current status: Over $1.4 billion in private investment has been committed, with new innovation campuses, infrastructure upgrades and downtown development underway.
• Economic impact: The initiative is already boosting local and state economies, reinforcing Mayo Clinic’s role as Minnesota’s economic and healthcare anchor.
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New Mayo Venture Partner (MVP) program announced to accelerate innovation
A powerful extension of Mayo Clinic's Business Development team and strategy, the MVP program is designed to accelerate the commercialization of transformative healthcare solutions by bringing together world-class entrepreneurs and industry experts with Mayo Clinic’s unparalleled research and clinical depth to build companies. Read more...
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Last month, leaders in medical technology and investment gathered at Mayo Clinic’s first-ever Cardiology and Radiology Innovation Summit where industry experts and panelists shared the latest advances in cardiovascular and radiological medicine.
By the numbers:
470+ attendees | 70+ startups | 30+ venture firms | 180+ Mayo Clinic physicians and scientists | 900+ partnering meetings | countless new connections and ideas sparked
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Find Mayo Clinic Business Development staff at the following upcoming conferences and events:
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Want to view past issues of Business Development’s e-newsletter?
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About Business Development
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Business Development is Mayo Clinic’s front door to business – from technology commercialization to strategic partnerships – catalyzing innovation to shape the future of healthcare for the benefit of patients.
The department bridges the gaps between industry and commercial groups to produce meaningful, effective changes in transforming health and medicine.
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